A term life
insurance policy is usually financed by an annual rather than a lump-sum premium.
A policy that provides a permanent benefit may be treated in part as group term life
insurance if (1) the policy or the employer designates in writing the part of the death benefit provided each employee that is group term life
insurance; and (2) the part of the death benefit designated as group term for any policy year is at least the difference between the total death benefit under the policy and the employee's "deemed death benefit" at the end of the policy year.
(1) In meeting the twin objectives of family security and reduced cost, most plans offer group term life
insurance together with group hospital, surgical, and major medical coverage.
Group-term life insurance is term life
insurance protection (i.e., insurance that covers the insured person for a fixed period of time) that:
While considering my savings and investment options I came across the cover "term life
THE NEA MEMBERS INSURANCE TRUST[R] is welcoming new members in the 2008-09 school year with $15,000 of term life
insurance at no cost.
With the 10-Year Level Term Life
, you decide how much protection you need, from $100,000 to $1,000,000.
Fidelity Life, Oak Brook, Ill., has introduced Rapid Decision Mortgage Term life
insurance, a product that can provide up to $500,000 in coverage while guaranteeing that premiums will stay level for a term of 15, 20, 30, or 40 years.
Some term life
insurance policies can be converted to variable life insurance.
Up to $2 million in group term life
coverage with an equal amount of accidental death and dismemberment benefits for individual members.
Many of you who take advantage of ASAE's group Term Life
Plan may have noticed a hefty increase in your latest invoice.
I recognize that many couples like to use the word partner; but I and many of my gay and lesbian friends prefer boyfriend, girlfriend, and lover Perhaps the term life
partner has evolved into partner, but that's unfortunate, because the former sounds much better titan the latter.